Cib Operations

Singapore, Singapore

Job Description


An opportunity has arisen for an individual to join the team as an Associate. The successful candidate will be involved in day-to-day cash payment and securities settlement risk issues and control, participation in projects, and will interface with Operations Risk Management (ORM), Operations, Treasury, Credit, Compliance, Legal, Middle Office and other functions to ensure that policies, processes, and control requirements are properly developed and adhered to. The team works in a very fast paced environment with multiple trade and currency cut-offs to be adhered to alongside project responsibilities. Role and Responsibilities

  • Manage cash payment and securities settlement and monitoring/approval functions that affect and control credit and intra-day exposure for a portfolio of clients, products, and currencies.
  • Apply sound operational and credit risk management principles, judgment, research, and investigation to support process and to manage credit exposures/ decision approvals within respective approval authority.
  • Understand and support operational control and regulatory reporting requirements.
  • Work with Operations and Client Services to manage client payment relationships.
  • Inform aligned Credit Risk and ORM partners about client portfolio activity, issues and provide line sizing recommendations.
  • Liaise with key stakeholders including Credit, Relationship Managers, Product Management and Operations regarding client credit limits/arrangement recommendations to support clients' activities.
  • Actively participate in client and country crisis management risk mitigation actions including Rapid Exposure Drills (RED) with Credit and Relationship Managers and support business resiliency planning.
  • Engage as a subject matter expert for payment systems and processes.
  • Participate in projects that relate to TAG core functions as requested by management (e.g., Assist with the development of the Global Funds Control (GFC), Exposure Control Module (ECM), iCRD and any other systems that function with credit controls).

Qualifications
  • Applicants must hold a bachelor's degree or equivalent.
  • Minimum 5 years of experience working in Risk & Controls or Banking Operations or Client Service or Product Management.
  • Risk and Controls or Operational Risk related experience is preferred.
  • Knowledge of cash management products, payment systems, Securities clearing/processing and settlements is preferred.
  • Prior experience and proven ability to communicate effectively and confidently with senior management.
  • Expertise in Microsoft Applications (especially PowerPoint and Excel) and experience using SharePoint.
  • Self-starter, capable of working independently, making decisions using a risk and control mindset.
  • Proven track record of multi-tasking in a time sensitive environment.
  • Quick learner and strong interpersonal and team working skills.
  • Open attitude towards sharing ideas and knowledge with appropriate partners/stakeholders.
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives. We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

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Job Detail

  • Job Id
    JD996300
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned